SOLDOther
Humble Westfield Property Inc Acquires 192,010 SF Land In Humble For $Undisclosed Amount
14910 Humble Westfield Rd, Humble, TX 77338, USA
Building Size
1,920,100 SF
Asset Type
Other
Closing
Aug 17, 2020
About this deal
AI
The property asset involved in the transaction is a land located at 14910 Humble Westfield Road in Humble. The land spans 192,010 square feet and was sold on August 18, 2020.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: Not specified
- Market: Humble
- Seller: Macau Realty Inc
- Buyer: Humble Westfield Property Inc
The seller was represented by Dave Ramsey and Brad Elmore from NewQuest Properties. On the other hand, the buyer was represented by Anne Vickery from Anne Vickery & Associates LLC.
Players
Houston Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93